Colorado
law does not require a consumer to purchase homeowners insurance.
However, if your home is financed, the mortgage company will
require coverage to protect their interest in the property.
There are various forms of insurance including homeowner,
condominium, renters and mobile home. All of these forms
provide property and liability coverage. The property
coverage will insure against perils such as fire, wind and hail.
The liability coverage protects you in the event someone other
than the insured is injured on your property. Your policy
contract will explain all of the insured coverages and the
exclusions. The various homeowner policies will not insure
you for flood. If you need to purchase flood insurance
contact your company representative. It is important that
you read your policy contract and understand its limitations.
If you have any questions about your homeowner coverage contact
your company representative or you may contact the Colorado
Division of Insurance at 303-894-7499

Renter's
Insurance Colorado policies
are designed to indemnify (cover your loss) you in the event of a loss to your personal property and protect you in the
event you are responsible for bodily injury or property damage to
others.

Suppose
you have visitors to your Colorado apartment or your college dorm and someone slips on a wet floor and breaks
a bone? Who is responsible for the
medical costs? In most circumstances you are, not the
landlord.

Renters insurance in general provide "named peril"
coverage, meaning the policy states specifically what you are
insured against. Some named perils include Fire or Lightning,
Smoke, Vandalism or Malicious Mischief, Theft, Accidental
Discharge of Water and 10 or more others.

Always
read the contract for specific explanations of coverage and
exclusions.

Colorado
Renter's
Insurance CostsYou
might think you don't need Renter's
Insurance
if you rent in Colorado, but we recommend it. Add up the cost of your furniture,
your electronic equipment, your CD/DVD collection, computer, garments
and other personal property. Can you afford to replace everything
in the event of a fire or burglary?Renter's
Insurance
in Colorado is relatively inexpensive. The average cost of renter's insurance
is approximately $15 a month for around $30,000 worth of property
coverage and $100,000 worth of liability coverage.

Rates
vary depending on coverage and your location in Colorado and the amount you
want to cover.

Click
below to complete the short insurance quote application for
Colorado residents, homeowners or tenants